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California Public Employees' Retirement System

A collection of news and information related to California Public Employees' Retirement System published by this site and its partners.

Top California Public Employees' Retirement System Articles

Displaying items 12-22
  • Study warns of pension problems but workers' group decries backers' conservatism

    A study by a Tustin-based think tank recently ranked Costa Mesa near the top of California cities facing financial strain for their pension obligations, but an association representing public employees dismissed the report, asserting that the study was...
  • State controller wants details about Edison pay after San Onofre deal

    State controller wants details about Edison pay after San Onofre deal
    State Controller Betty Yee is asking top Southern California Edison executives for information about their pay increases over the last two years at a time the company was facing soaring costs of permanently closing its San Onofre nuclear power plant....
  • California to spend $20 million on building part of 'hydrogen highway'

    It's been more than a decade since former Gov. Arnold Schwarzenegger regularly talked about his dream of building a "hydrogen highway" that would speed fleets of non-polluting cars from Mexico to Canada. The vision never materialized anywhere other than...
  • Ted Eliopoulos: CalPERS' $300-billion man

     Ted Eliopoulos: CalPERS' $300-billion man
    In early 2007, Ted Eliopoulos took over as head of the massive real estate investments division at the California Public Employees' Retirement System, just as global real estate markets were about to implode. Housing prices were sliding, subprime...
  • CalPERS names Wall Street executive as its new real estate chief

    CalPERS names Wall Street executive as its new real estate chief
    The California Public Employees' Retirement System said it named Paul Mouchakkaa, a Morgan Stanley managing director, as head of its still-recovering $30-billion real-estate portfolio. Mouchakkaa had been global head of research and strategy for...
  • State pension funds look to recover more after S&P settlement

    State pension funds look to recover more after S&P settlement
    The nation's richest public pension fund was a big winner in the settlement with Standard & Poor's Financial Services over its ratings on mortgage-backed securities lawsuits. But that doesn't mean that the California Public Employees' Retirement System,...
  • S&P is expected to settle litigation over its role in financial crisis

    S&P is expected to settle litigation over its role in financial crisis
    In May 2004, as the U.S. housing market was heating up, Standard & Poor's Financial Services lost to a rival a huge deal to rate mortgage-backed securities to be issued by a major Japanese bank. The reason? S&P's credit standards were too high, an...
  • Price of hip surgery varies from $17,000 to $46,000 in L.A.

    Price of hip surgery varies from $17,000 to $46,000 in L.A.
    Hospital prices for routine knee and hip replacement surgeries vary by tens of thousands of dollars in cities across California and nationwide, a new insurance industry report shows. The Los Angeles and Long Beach market, for instance, had one of the...
  • CalPERS President Rob Feckner is reelected to 11th term

    CalPERS President Rob Feckner is reelected to 11th term
    Board members of CalPERS, the country's largest public pension fund, Tuesday reelected labor leader Rob Feckner to an 11th one-year term as president. Rob Feckner, 57, has worked for the Napa Unified School District for 38 years, starting as a bus...
  • Ex-CalPERS official facing fraud charges said to be too sick to come to court

    A former state pension fund board member, awaiting trial next month on federal fraud, bribery and other criminal charges, is too sick to come to court, his lawyer said Monday. Alfred J.R. Villalobos, 71, of Reno was a central figure in an influence-...
  • CalPERS posts 18.4% return on investments in 2014 fiscal year

    Amid concern over soaring retiree costs, the state's nearly $300-billion public pension fund issued an annual report that showed solid investment gains. The report released Tuesday by the California Public Employees' Retirement System showed an...